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Suresh Khanna on Wednesday tabled the state’s annual budget for the financial year 2023-24 and the second budget for ‘Yogi 2.0’. Khanna announced that a 16.8% growth in state GDP has been registered while the employment rate is down to 4.2%. Chief minister Yogi Adityanath presided over a meeting of the state cabinet to give a nod to the budget.
The annual Budget of approximately 7lakhs crore mainly focuses on the infrastructure, development, welfare schemes and empowerment of youths and women in the state, as expected.
On May 26 last year, the state government had presented an annual budget of ₹6.15 lakh crore. A supplementary budget of ₹33,769.55 crore was presented on December 5, 2022, taking the total size of the UP budget in 2022-2023 to ₹6.50 lakh crore. An increase of about 10% in the outlay may take the annual budget for 2023-2024 to nearly ₹7 lakh crore.
The following are the key points:
- Students: ₹3,600 crore allotted for the provision of tablets and smartphones to eligible students of the Swami Vivekananda Youth Empowerment Scheme
- Women: ₹1,050 crore under Chief Minister Kanya Sumangala Yojana, which offers financial assistance to the guardians or parents of two girl children in one family
- ₹4,032 crore for destitute widows
- ₹600 crore for Samuhik Vivah scheme for the marriage of all girls of all classes
- ₹150 crore under the marriage grant scheme for daughters of poor people belonging to other backward classes
- Infrastructure: An outlay of ₹21,159 crore has been announced for construction of roads, bridges; ₹6,209 crore for maintenance
- Khanna said ₹3,473 crore is proposed for the work of bridges and roads for agricultural marketing facilities and ₹1,525 crore for roads in rural areas.
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Health, Jobs, Research: A budget provision of ₹7,248 crore proposed for old age/farmer pension scheme; ₹1,120 cr for Divyang Pension Yojana
- ₹12,631 crore outlay for various programmes under National Rural Health Mission, ₹400 crore for implementing Ayushman Bharat scheme
- ₹20 crore for State Institute of Pharmaceutical Research and Development
- ₹60 crores for Information Technology and Startups Policy
- Creation of 20 thousand jobs in next 5 years under UP Tourism Policy 2022 with an investment target of ₹10 lakh crore
- Other highlights: ₹1,000 crore for development of residential facilities for cops
- ₹10 crore allocated for purchase of vehicles by State Disaster Response Fund (SDRF)
- ₹850 crore set aside for new police commissionerates
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